Orbach Group
(Orbach Affordable Housing Solutions)
980 Sylvan Avenue, Englewood Cliffs, NJ 07632
Po Box 1524 Englewood Cliffs, NJ 07632
Orbach Group NYC portfolio
$1.6 billion -elevator 76%, condo 23%; Manhattan 99%*
132th largest portfolio by dollar value
1,863,438 sqft – elevator 75%, condo 24%; Manhattan 100%
259th largest by SF
3 properties – Manhattan 100%
2635th largest
1,491 residential units – Manhattan 100%
223th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $815.7 million
Top Ten Associated Companies:
Black Spruce Management (41), Apollo Global Management (2), 2020-K740 (1), Mordechai G. Piller (1), RXR Realty (1), Arbor Realty Trust (1), REDA Holdings (1), JPMorgan Chase (1), Leon Agami (1)
Top Ten Associated People:
Josh Gotlib (13), Joshua Gotlib (6), Jeffrey Horowitz (2), Mordechai Piller (1), Kenneth Dowling (1), Julian Kiguel (1)
Recent activity as company:
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $525.1 million from Arbor Realty Trust for American copper building on July 31, 2025.
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $290.6 million from Apollo Global Management and RXR Realty for 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan on January 27, 2025.
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $146 million from Apollo Global Management for 435 East 60 Street on January 31, 2024.
• Solow Realty & Development sold 1281 2 Avenue for $402.6 million to Black Spruce Management and Orbach Affordable Housing Solutions on April 20, 2023.
• Solow Realty & Development sold 419 East 60 Street for $193.7 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $110.1 million from 2020-K740 for 419 East 60 Street on November 23, 2022.
• Solow Realty & Development sold 1 East River Place for $410 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.
• Solow Realty & Development sold 435 East 60 Street for $221.3 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $290.6 million from JPMorgan Chase for 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan on September 23, 2022.
• Solow Realty & Development sold 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan for $387.5 million to Black Spruce Management and Orbach Affordable Housing Solutions on September 23, 2022.
Latest Stories:
• Black Spruce, Orbach pay $402.6M to Solow Realty for 332-unit rental in Lenox Hill (May 02, 2023)
• Black Spruce, Orbach pay $193.7M to Solow, part of $1.8B deal (December 09, 2022)
• Black Spruce signs $189.4M refi with Signature Bank for 48 properties in Manhattan (May 04, 2022)
Properties: